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MINERAL RESOURCES DEVELOPMENT AMENDMENT REGULATIONS 2011 (SR NO 154 OF 2011) - REG 6

New regulation 10B inserted

r. 6

Before regulation 11 of the Principal Regulations insert

    " 10B     Meaning of Competent Person

    (1)     For the purposes of section 15(1BG) of the Act, a competent person is—

        (a)     a person who—

              (i)     is a Member or Fellow of The Australasian Institute of Mining and Metallurgy, or of the Australian Institute of Geoscientists, or of a Recognised Overseas Professional Organisation; and

              (ii)     has a minimum of five years experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken; or

        (b)     in the case of—

              (i)     coal seam methane deposits; or

              (ii)     a mineral deposit that is easily and readily assessed visually at the ground surface—

a person who the Minister has determined, on a case by case basis, has the relevant experience in mining or mineral exploration appropriate to the described mineral resource.

    (2)     In this regulation, Recognised Overseas Professional Organisation means an organisation included in the List of Recognised Overseas Professional Organisations Accepted for the Purpose of Reporting in Accordance with Appendix 5A of the Australian Stock Exchange Listing Rules (the JORC Code) published by ASX Limited, 8 September 2007.".



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